,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #giic  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #ai1 #bjbf,mr4   
,rose 7= himself1 ,mr4 ,ogles1 & ,mr4   
,h>rigan7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,f9ancial    
,s]vices  ,a ,,bill  ,to require !      
,secret>y ( ! ,treasury to submit to    
,congress a compreh5sive report on      
b>ri]s to ,somalil&'s access to ! ,unit$
 ,/ates f9ancial sy/em1 & = o!r         
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,somalil& ,economic ,access
 & ,opportunity ,act4  #b4 ,f9d+s & s5se
 ( ,congress  7a7 ,f9d+s ,congress f9ds 
! foll[+3  7#a7 ,somalil& occupies a    
/rategically significant position 9 !   
,horn ( ,africa1 adjac5t to critical    
m>itime r\tes 9 ! ,gulf ( ,ad54  7#b7   
,f9ancial engagem5t ) ,somalil& has !   
pot5tial to advance ,u4,s4 int]e/s 9    
regional security1 & economic /ability4 
7#c7 ,somalil& faces legal1 regulatory1 
& in/itutional b>ri]s 9 access+ ! ,unit$
 ,/ates & int]national f9ancial sy/ems1 

:i* may adv]sely impact remittances1    
trade1 anti-money laund]+ ef=ts1 &      
c\nt]-t]rorism f9anc+4  7#d7 ,! ,unit$  
,/ates has a national security &        
humanit>ian int]e/ 9 ensur+ t           
,somalil&'s f9ancial sector op]ates )   
transp>5cy1 integrity1 & compliance )   
int]national /&>ds4  7b7 ,s5se (        
,congress ,x is ! s5se ( ,congress t--  
7#a7 ! ,unit$ ,/ates %\ld explore       
opportunities to promote /rong] f9ancial
 coop]ation & transp>5cy ) ,somalil& to 
enc\rage /ability & exp& economic       
engagem5t2 &  7#b7 enhanc$ f9ancial     
access1 conduct$ "u appropriate         
compliance safegu>ds1 w\ld s]ve to      
/r5g!n ,u4,s4 policy objectives 9 !     
region4  #c4 ,report on b>ri]s to       
,somalil&'s access to ! ,unit$ ,/ates   
f9ancial sy/em  7a7 ,report requir$ ,n  
lat] ?an #ahj days aft] ! date (        
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury1 %all submit to ! ,committees 
on ,f9ancial ,s]vices ( ! ,h\se (       
,repres5tatives & ! ,committee on       

,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate a compreh5sive report analyz+    
b>ri]s to ,somalil&'s access to ! ,unit$
 ,/ates f9ancial sy/em4  7b7 ,elem5ts ,!
 report requir$ "u subsection 7a7 %all  
include ! foll[+3 7#a7 ,id5tification & 
analysis ( b>ri]s ,an exam9ation (      
legal1 regulatory1 & policy b>ri]s t    
limit ,somalil&'s access to ! ,unit$    
,/ates f9ancial sy/em1 includ+--  7,a7  
issues relat+ to ,somalil&'s            
int]national recognition /atus2  7,b7   
compliance ) ,"k ,y\r ,cu/om] 7,,kyc71  
anti-money laund]+ 7,,aml71 &           
c\nt]-t]rorism f9anc+ 7,,ctf7 /&>ds2 &  
7,c7 *all5ges relat$ to remittance fl[s4
  7#b7 ,recomm5dations = ,unit$ ,/ates  
engagem5t  7,a7 ,recomm5dations = /eps !
 gov]n+ au?orities ( ,somalil& c take to
 enhance compliance ) int]national      
f9ancial /&>ds1 includ+ adh]5ce to      
,int]national ,monet>y ,fund 7,,imf71   
,_w ,bank1 & ,f9ancial ,action ,task    
,=ce 7,,fatf7 norms4  7,b7              
,recomm5dations = /eps ! ,gov]nm5t ( !  

,unit$ ,/ates may take to facilitate    
f9ancial access = ,somalil&1 includ+--  
7i7 enc\rag+ ! ,dep>tm5t ( ! ,treasury  
to use ! ,unit$ ,/ates voice & vote at  
int]national f9ancial in/itutions       
7includ+ ! ,,imf1 ,_w ,bank1 & ,,fatf7  
to promote f9ancial engagem5t )         
,somalil&2  7ii7 evaluat+ :e!r ,_w ,bank
 & ,,imf res\rces are allocat$ to       
,somalil& 9 a mann] consi/5t ) its      
population & developm5t ne$s2 &  7iii7  
assess+ ! /eps necess>y to incorporate  
,somalil& into ! ,,swift f9ancial       
messag+ & paym5t sy/em4  7#c7           
,mitigation ( illicit f9ance risks      
,recomm5dations on me*anisms &          
te*nologies to prev5t money laund]+1    
t]rorism f9anc+1 & o!r illicit          
activities 9 connection ) remittances & 
,u4,s4 f9ancial sy/em access1 includ+   
guidance on in=mation %>+1 due dilig5ce1
 & monitor+ tools4  7c7 ,consultation ,!
 ,secret>y ( ! ,treasury may--  7#a7 9  
prep>+ ! report requir$ "u subsection   
7a71 engage directly )-- 7,a7 relevant  

(ficials ( ,somalil&1 includ+ (ficials f
 !--  7i7 ,m9i/ry ( ,f9ance & ,economic 
,developm5t2  7ii7 ,m9i/ry ( ,=eign     
,affairs & ,int]national ,coop]ation2   
7iii7 ,(fice ( ! ,economic ,advisor to !
 ,presid5t2 &  7iv7 ,c5tral ,bank (     
,somalil&2 &  7,b7 private-sector       
f9ancial in/itutions & o!r /akehold]s2 &
  7#b7 if ! ,secret>y det]m9es x        
appropriate1 engage directly ) su*      
(ficials 9 future dialogues4